I’d call it a day’s job. A long day if it’s a FS frame as they’re fiddly and you’ll need to mask (or remove) the bearings. A much quicker job with a hardtail.
Nitromors, a paint brush, a couple of toothbrushes, a load of newspaper, some safety specs/gloves and a damp cloth. The main sections of paint will come off very easily – it can actually be quit disturbing the first time you do it as the paint makes noises, bubbles up and falls away before your very eyed!! Nooks, crannies and around the welds usually needs a few applications and sometimes working at with stripper/toothbrush. Really stubborn little flecks can be encouraged with a sharp point (like a needle).
What you have to do with the bare metal depends entirely on how it looks ‘au natural’ and what you want. A neat finish can take anything from 10 mins to three or four hours. What ever you go for, I’d advise against a clearcoat as it will look shit very quickly once it gets a few chips. The bare metal is more durable a finish and can easily, and quickly, be revitalised with just a few minutes of metal polish/buffing.